Playboy Philippines still has a long way to go but they are pushing on. Despite having tough competition with FHM, they still manage to bring out hot issues with very hot women.
And for their January 2012 issue, they dish out hottie Valerie Concepcion. Above you will see a photo of Valerie from the magazine in which she is looking mighty hot as ever. Playboy Philippines has released two covers for this issue and is filled with a lot of great stuffs. Inside you will see an interview with, an article about mining in the Philippines and the hottie Kaley Cuoco of The Big bang Theory in 20 Questions. Check out the cover above courtesy of Playboy Philippines.